Monthly Archives: July 2015

AUD/USD: Unemployment rate in Australia rose in June

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.26% against the USD to close at 0.7430. LME Copper prices declined 1.20% or $65.5/MT to $5375.0/MT. Aluminium prices declined 1.52% or $25.0/MT to $1620.0/MT. In the Asian … Continue reading

Posted in AUD/USD | Comments Off

USD/CAD: Loonie trading higher ahead of Canada’s housing starts data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.20% against the CAD to close at 1.2741. The CAD lost ground, after Canadian building permits tumbled 14.5% on a monthly basis in May, giving back previous month’s … Continue reading

Posted in USD/CAD | Comments Off

USD/CHF: Swiss Franc trading marginally higher this morning

USDCHF Movement For the 24 hours to 23:00 GMT, the USD declined 0.14% against the CHF and closed at 0.9454. In the Asian session, at GMT0300, the pair is trading at 0.9452, with the USD trading a tad lower from … Continue reading

Posted in USD/CHF | Comments Off

USD/JPY: Japanese Yen reverses its gains in the Asian session

USDJPY Movement For the 24 hours to 23:00 GMT, the USD weakened 1.48% against the JPY and closed at 120.71. In economic news, Japan’s Eco watchers survey for the current situation dropped to 51.00, in June, compared to a reading … Continue reading

Posted in USD/JPY | Comments Off

Trading Signals as per 8-July-2015

Pair Action Status Stop Loss Take Profit AUD/USD SELL Active 0.7460 0.7395 USD/JPY SELL Active 122.32 121.22 EUR/JPY SELL Active 135.32 133.22 NZD/USD SELL Active 0.6762 0.6672 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading … Continue reading

Posted in Trading Signals | Leave a comment

Crude Oil: Oil trading lower ahead of the EIA’s weekly crude oil data

Crude Oil Movement Crude Oil prices declined 0.19% against the USD for the 24 hour period ending 23:00GMT, closing at 52.79, as the fear of global over supply continued to hit the commodity’s price. Meanwhile, the negotiations on Iran’s nuclear … Continue reading

Posted in Crude Oil | Comments Off

Silver: White metal extends its losses this morning

Silver Movement Silver prices declined 3.92% to USD 15.07 per ounce during the 24 hours ending 23:00GMT. In the Asian session, at GMT0300, the pair is trading at 14.84, with the silver trading 1.49% lower from yesterday’s close. The pair … Continue reading

Posted in Silver | Comments Off

Gold: Yellow metal trading lower in the Asian session

Gold Movement Gold prices traded lower by 1.27% against the USD in the 24 hour period ending 23:00GMT, at 1154.10 per ounce, amid broad strength in the greenback. Gold prices further lost ground, after the Eurogroup officials gave the Greek … Continue reading

Posted in Gold | Comments Off

AUD/USD: Aussie extends its losses this morning

AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.57% against the USD to close at 0.7449. In economic news, Australia’s foreign exchange reserves dropped to A$67.28 billion, compared to a revised level of A$ 73.18 billion … Continue reading

Posted in AUD/USD | Comments Off

EUR/USD: The Euro-zone gave final chance to save Greece

EURUSD Movement For the 24 hours to 23:00 GMT, the EUR declined 0.48% against the USD and closed at 1.1002. Data released showed that the seasonally adjusted industrial production in Germany remained flat on a MoM basis, less than market … Continue reading

Posted in EUR/USD | Comments Off

USD/CAD: Loonie trading lower ahead of Canada’s building permits data

USDCAD Movement For the 24 hours to 23:00 GMT, the USD rose 0.53% against the CAD to close at 1.2715. Yesterday, the Canadian Finance Minister, Joe Oliver, maintained his optimistic outlook of the nation’s economy. He believes that more economic … Continue reading

Posted in USD/CAD | Comments Off